Valuing not-for-profit and charity brands—real insight or just smoke and mirrors |
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Authors: | David Haigh Stephen Gilbert |
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Institution: | 1. Founder and CEO of Brand Finance PLC, UK;2. Director of Stephen Gilbert Solutions, UK |
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Abstract: | Brands introduce emotional decision-making criteria, differentiating all brands across the not-for-profit sector. Brands shift the demand curve upwards and the cost curve downwards. The result is higher turnover, profit and surplus ‘consumer utility’. Brand equity is a measure of the emotional reservoir that shows how far the demand curve has moved and what the future cash flows will be. Brand valuation is a snapshot of those future cash flows. David Haigh and Stephen Gilbert's article describes how these three concepts fit together and explains how and why they have become best practice in marketing and financial management. Copyright © 2005 John Wiley & Sons, Ltd. |
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